Overwaitea signs contract with renewable energy company

Ecotech Energy Group, a renewable energy company, has signed a new multi-million dollar supply contract with Overwaitea Food Group.

According to Market Watch, Ecotech Energy Group, headquartered in Seattle, WA, said its proprietary biomass energy and fresh food systems division has signed a 5-year supply purchase contract of approximately $12 million dollars per annum with Overwaitea.

Ecotech has developed proprietary biomass to energy and has also licensed fresh food production systems for fresh fish and vegetable production without artificial chemical or fossil hydrocarbon pesticides, herbicides or synthetic growth inducements (such as fertilizers and hormones) utilizing indoor aquaponics (hydroponics & aquaculture combined) methodologies.

According to a press release, Ecotech’s McBride, B.C., facility will be capable of producing over $50 million in food sales annually energized from its 5 MW power station.

The facility will include a 24/7 biomass fueled combined heat and power generating facility and over 22-acres of aquaponic production facilities.